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for the economy has grown four percent with an unemployment rate just above five percent china to third place with official state debt levels about twenty percent of g.d.p. jacob now from morgan stanley believes russia isn't a good position when compared to the developed world. around the world in the developed markets you have budget deficits of five to ten percent in most countries and you have g.d.p. ratios at seventy eighty ninety percent of g.d.p. and even higher in russia you have. under ten and the government has about twenty five percent of g.d.p. so from the all from. creditor to the rest of the world and it's running a surplus at the moment so russia looks in a much better position from a budget point of view the nearly everywhere else in the world. that cyclical those markets and u.s. stocks rose in five days shortened dollars a session with encouraging economic data from germany and china helping to boost the mood as well those american consumers heading to the stalls to take advantage of black friday sales european stocks and second week gains are francs to german business
for the economy has grown four percent with an unemployment rate just above five percent china to third place with official state debt levels about twenty percent of g.d.p. jacob now from morgan stanley believes russia isn't a good position when compared to the developed world. around the world in the developed markets you have budget deficits of five to ten percent in most countries and you have g.d.p. ratios at seventy eighty ninety percent of g.d.p. and even higher in russia you have. under...
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Nov 23, 2012
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. >>> indonesia is southeast asia's largest economy and it continues to grow. laborers are voicing demands for their own piece of the success. workers around the country are asking for higher pay to cope with the rising cost of living. our bureau in bangkok has the details. >> reporter: thousands of workers took to the streets of jakarta on thursday to demonstrate they oppose low wages and a plan to cover welfare costs. protesters gathered near the presidential palace and marched to the parliament building calling for an increase in the minimum wage. the indonesian economy grew by 6.5% last year, but with that growth comes a higher cost of living. demonstrators carried signs on the 2011 law requiring salary reductions to cover social security and health benefits. the law is expected to go into effect in 2014. but workers say those costs should remain the government's responsibility. similar protests have been recently held in other cities around the country as workers urge the government to protect them. one of the world's most famous traveled denations. now th
. >>> indonesia is southeast asia's largest economy and it continues to grow. laborers are voicing demands for their own piece of the success. workers around the country are asking for higher pay to cope with the rising cost of living. our bureau in bangkok has the details. >> reporter: thousands of workers took to the streets of jakarta on thursday to demonstrate they oppose low wages and a plan to cover welfare costs. protesters gathered near the presidential palace and marched...
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Nov 23, 2012
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to listen to the will of the voters and focus on rebuilding the middle class and strengthening our economy by investing in jobs, not cuts. on the other side, conservatives say it's not a game changer because from unions, this is really nothing new. >> the fact they are publicly saying what they have been privately saying is helpful the american people understand where obama's intransigence comes from, but nothing's changed. >> they negotiated details this week of the grand fiscal cliff compromise that democrats and republicans hope to reach. lawmakers back in town neex week, and there's a meeting loosely scheduled in the white house against top democrats and republicans in congress with president obama. dagen? dagen: thank you so much, happy thanksgiving, my man. down in washington, d.c., but here in studio with my, monica crowely, author of "what the bleep just happened?" how do they have influence over the white house and represent in terms of the private job market a tiny sliver of employees in the country? >> it really is incredible. we've seen a hemorrhaging away from the many, many p
to listen to the will of the voters and focus on rebuilding the middle class and strengthening our economy by investing in jobs, not cuts. on the other side, conservatives say it's not a game changer because from unions, this is really nothing new. >> the fact they are publicly saying what they have been privately saying is helpful the american people understand where obama's intransigence comes from, but nothing's changed. >> they negotiated details this week of the grand fiscal...
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Nov 23, 2012
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global economy is weak. >> benefit is we are still a great island and so much of the united states economy is dependent upon the united states. so little of our business goes abroad. it's really extraordinary in the modern world how little we do export and how parochial is our scope. europe could have terrible times and europe is indeed having terrible times, but still the states are doing reasonably well. and perhaps the best thing, the worst of housing seems to be behind us. >> we'll get housing data next week, as well. dennis, thanks for that. we appreciate your time this morning. that's it for today. thanks for watching. coming up next, "squawk box." >>> let the shopping begin. an annual tradition beginning even earlier than normal this year. millions of americans skipping pie to hit stores looking for holiday bargains. adventure continuing into the early hours of the morning. it is black friday fishiloffici and "squawk box" begins right now. happy post-thanksgiving. >>> good morning, everybody. welcome to "squawk box." i hope you got your fill of turkey yesterday. i'm becky quick alon
global economy is weak. >> benefit is we are still a great island and so much of the united states economy is dependent upon the united states. so little of our business goes abroad. it's really extraordinary in the modern world how little we do export and how parochial is our scope. europe could have terrible times and europe is indeed having terrible times, but still the states are doing reasonably well. and perhaps the best thing, the worst of housing seems to be behind us. >>...
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Nov 23, 2012
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. >> it has been the wonder of the eurozone -- germany's economy has continued to grow while the rest of europe has slowed. >> that growth is now so minimal that economists say 2013 next year could see a return to recession. still, german businesses shrugging off that possibility. >> business managers are upbeat about their future. >> german business leaders are optimistic that exports will remain strong, and the latest figures back that up. consumer confidence is also surprisingly robust. all the talk of a crisis in the eurozone does not seem to have dented people's desire to shock, but growth overall is beginning to falter -- the talk of a crisis does not seem to have dented people's desire to shop. the eurozone as a whole has fare worse with zero growth at the start of the year and then downhill from there. that has a knock on effect for german companies. so far, though, the german economy is weathering the storm. >> that news sent stocks in germany higher in what has been a bit of a winning streak recently. our correspondent has more from frankfurt. >> traders did not spend much t
. >> it has been the wonder of the eurozone -- germany's economy has continued to grow while the rest of europe has slowed. >> that growth is now so minimal that economists say 2013 next year could see a return to recession. still, german businesses shrugging off that possibility. >> business managers are upbeat about their future. >> german business leaders are optimistic that exports will remain strong, and the latest figures back that up. consumer confidence is also...
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with an economy in the tank a climate shift and a world at war it might behoove us off to focus less on consuming and more on what's really important this holiday season. well capital account is up next on our to us check in with lauren lyster to see what's on the agenda i tell you what lauren it was really interesting being out for black friday this morning it wasn't nearly as crowded as it usually is something going on in this economy. you know tell me i mean that is a really interesting anecdote it'll be interesting to see how black friday does shake out compared to prior years but there's plenty of reason to worry about the u.s. economy and sounds like you saw it just one earlier this morning though you could argue hey maybe not such a bad thing if consumers are getting more indebted to buy the latest greatest whatever gadget but while black friday takes over the consumer consciousness in the u.s. headlines like this that or maybe morrow koran it may eclipse the eurozone crisis however we will give you plenty of reasons why you should not take your eyes off this crisis in just a
with an economy in the tank a climate shift and a world at war it might behoove us off to focus less on consuming and more on what's really important this holiday season. well capital account is up next on our to us check in with lauren lyster to see what's on the agenda i tell you what lauren it was really interesting being out for black friday this morning it wasn't nearly as crowded as it usually is something going on in this economy. you know tell me i mean that is a really interesting...
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. >> the new data from hsbc suggests the world's second- largest economy is starting to pick up after months of slowdown. also fueling optimism is a slew of positive trade, investment, and sales figures. it is the moment that shook the financial markets -- the collapse of lehman brothers investment bank back in 2008. >> many thought all was lost for its german subsidiary company as well, which went bust as well, but that has not been the case. the company's liquidators have raised more than 15 billion euros. that means it could be 80% of its creditors' demands, however, some hedge fund managers are demanding more. well, it is very dark here in northern europe right now, but there is something you can do about that, mainly with electric light, believe it or not. >> after the break. >> thanks for staying with us. >> welcome back. we take a look now at the biggest terrorism case in germany in tickets, one with allegations of a cover-up and a new not to sell suspected of going on a racially motivated killing spree. >> the national socialist underground went undetected for years, but a par
. >> the new data from hsbc suggests the world's second- largest economy is starting to pick up after months of slowdown. also fueling optimism is a slew of positive trade, investment, and sales figures. it is the moment that shook the financial markets -- the collapse of lehman brothers investment bank back in 2008. >> many thought all was lost for its german subsidiary company as well, which went bust as well, but that has not been the case. the company's liquidators have raised...
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israel says they will end air strikes in egypt on the border restrictions that have crippled their economy. it underscores the group's new deterrent power. saying i want to say to the palestinian people at the west bank and everywhere that the option of invading them on this victory is gone and they will never return. but the israeli army chief of staff issued a warning. >> gaza would stay quiet if nothing comes out of it. and gaza, they would be a quiet place. if the organization would reoperate from gaza, then the future is more than what it is. >> reporter: america is poised to help both sides. the obama administration says they will ask congress to increase funding for israel's defense system that helped intercept 80% of the rockets. and the american tax dollars provided assistance to the united organizations supporting the palestinians. both sides are trying to negotiate a more permanent agreement. israel, they want to end the weapon smuggling at gaza. hamas wants to end the border brigade. >>> troops in afghanistan treated on a feast. including turkey and pie where they even got a ga
israel says they will end air strikes in egypt on the border restrictions that have crippled their economy. it underscores the group's new deterrent power. saying i want to say to the palestinian people at the west bank and everywhere that the option of invading them on this victory is gone and they will never return. but the israeli army chief of staff issued a warning. >> gaza would stay quiet if nothing comes out of it. and gaza, they would be a quiet place. if the organization would...
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stark differences of opinion between the major economies and the budget talks in brussels in the. brain sentences nearly two dozen medics in jail treating contestants just a day after amnesty international revealed the worsening human rights record. international news and comment twenty four hours a day you're watching r.t. on kerry johnston well our top story now the cease fire agreed between israel and the palestinian group hamas late on wednesday has now held firm for more than twenty four hours but the truce had a shaky start with several rockets fired from gaza immediately after the deal was sealed the main question now is whether israel is going to ease its blockade of the palestinian territory as artie's put us there reports from tel aviv. some of the fighting we've witnessed in the years between israelis and palestinians if indeed the truce holds it will mean that roughly one point seven million gazans will have a spine now from what we've seen eight days of heavy bombardment at the same time it brings with spikes to roughly a million israelis who live in the south of isra
stark differences of opinion between the major economies and the budget talks in brussels in the. brain sentences nearly two dozen medics in jail treating contestants just a day after amnesty international revealed the worsening human rights record. international news and comment twenty four hours a day you're watching r.t. on kerry johnston well our top story now the cease fire agreed between israel and the palestinian group hamas late on wednesday has now held firm for more than twenty four...
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Nov 23, 2012
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economy. consumer spending accounts for 70 percent of our economy. shopping trends on black friday may show that shoppers have a stronger appetite for spending over the next couple of weeks. 4% of the retailer's revenue comes from the black friday. at a quick break here as the kron4 morning news continues. beautiful looking around the bay to the moscow may center they're getting and holidays. there spirit. we l be back. 0ñ@Ñ on a quick check from skies seven h d, this is out over livermore right now. this is a pared down out lead that opened a few weeks ago. look at all the cars around and this outlet mall. so many people ride it that they had to use the dirt parking lot next door for the overspill. tough parking conditions getting there this morning. a lot of the shoppers are there. take a look here at this chopper shot i do not see a parking space. not one. is pretty crowded out there. as all the bay area malls right now. we will keep checking back in giving you the parking situations in t
economy. consumer spending accounts for 70 percent of our economy. shopping trends on black friday may show that shoppers have a stronger appetite for spending over the next couple of weeks. 4% of the retailer's revenue comes from the black friday. at a quick break here as the kron4 morning news continues. beautiful looking around the bay to the moscow may center they're getting and holidays. there spirit. we l be back. 0ñ@Ñ on a quick check from skies seven h d, this is out over livermore...
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what's the position of the states whose economies depend on the brussels assistance because they want the budget to realise don't they. well as i said i mean really at the moment the pitches that you're getting is that the whole thing just seems to be in a bit of a mess as a whole has really seem to lost his vision recently you know we see these huge protests sweeping across the whole of the year is a very very big divide widening all the time and very much again this is mirrored in what's happening at the east summit now are you getting a picture of a c.t. european court because she's at the moment that is going to this negotiating table that has historically contributed much more in britain is amongst these countries and at the moment even now conferences like greece and like spain who are absolutely needing this budget to be passed without those cuts taking place britain's not alone for calling on these cuts cameron as i said very much trying to helm this quite. having calling for these cuts he's doing by countries like the netherlands in calling for this he's not alone but of cour
what's the position of the states whose economies depend on the brussels assistance because they want the budget to realise don't they. well as i said i mean really at the moment the pitches that you're getting is that the whole thing just seems to be in a bit of a mess as a whole has really seem to lost his vision recently you know we see these huge protests sweeping across the whole of the year is a very very big divide widening all the time and very much again this is mirrored in what's...
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companies that used to sound out mountains of catalogs are being stung by higher postage costs and the weak economy. a third fewer catalogs are being mailed out compared to just four years ago. but still, about 12 billion a year will be going out. >> less junk mail could be a good thing, actually. >>> as shoppers head out this weekend, we're learning the mannequins you see may not be your average dummy. some mannequins, in fact, will be watching you. that's because they're equipped with a tiny camera that's embedded in their eye. they can actually collect information about shoppers' habits. but also, scope out shoplifters by spying on customers right there at eye level. the italian company that makes them is now working on technology that enables them to eavesdrop, as well. >> you're going to see a lot of people walking up to mannequins and looking them in the eye wondering if there's a camera inside. >> big brother's here, folks. >>> when we come back, the spirit of the season. the hurricane sandy survivors, getting the royal treatment at a thanksgiving tradition. >>> and the sounds of the season
companies that used to sound out mountains of catalogs are being stung by higher postage costs and the weak economy. a third fewer catalogs are being mailed out compared to just four years ago. but still, about 12 billion a year will be going out. >> less junk mail could be a good thing, actually. >>> as shoppers head out this weekend, we're learning the mannequins you see may not be your average dummy. some mannequins, in fact, will be watching you. that's because they're...
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it is important but not vital. >> depends on the economy. because it seems like gas is more expensive now. like anything it is not number one but it factors into it. >> reporter: other factors, a reasonable balance of vehicle size, quality, utility and price. >> i think it play as big factor. you don't have to compromise, good package. >> making that balance is complex. but for consumers it solidifies choices. >> gas mileage is very important. i am not going to buy a car that takes premium gas. >> reporter: the good news, good mileage for all vehicles has been on the rise since uncle sam began raising standards. reporting live, consumer editor tom vacar, ktvu channel 2 news. >>> there is a move to crack down on google and other companies with a proposed new law. australian officials say google avoids paying a carpet tax rate by basing it -- carpet tax rate by basing -- corporate tax rate by basing it in another country. >>> the first auction of california's cap and trade pollution permits will generate less money than expected. the first sal
it is important but not vital. >> depends on the economy. because it seems like gas is more expensive now. like anything it is not number one but it factors into it. >> reporter: other factors, a reasonable balance of vehicle size, quality, utility and price. >> i think it play as big factor. you don't have to compromise, good package. >> making that balance is complex. but for consumers it solidifies choices. >> gas mileage is very important. i am not going to buy...
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it is a critical geographical i economy here. people thought after the truce it would be safe enough to go to the fence. today proved otherwise. >> stay safe, buddy, appreciate that. next week lawmakers return home from the thanksgiving holidays to resume working on a deal to avoid the so-called fiscal cliff. despite optimism from both sides, they remain far apart on what to do about revenues with the white house saying the bush era tax rates should expire and republicans insisting any new revenues come from closing loopholes in the tax code. kristen welker joining us from the white house. he said the talks said to be stalled. what is the white house saying? >> reporter: they certainly know this is going to be a tough slog. certainly you had this sort of sense of bipartisanship after the leaders came to the white house. it seems as though that has gone awe with democrats digging in their heels on the issue of entit entitle. s and republicans on taxes. congress talking about some types of compromises, one that would include rollin
it is a critical geographical i economy here. people thought after the truce it would be safe enough to go to the fence. today proved otherwise. >> stay safe, buddy, appreciate that. next week lawmakers return home from the thanksgiving holidays to resume working on a deal to avoid the so-called fiscal cliff. despite optimism from both sides, they remain far apart on what to do about revenues with the white house saying the bush era tax rates should expire and republicans insisting any...
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budget with some nations digging their heels in to avoid forking out more cash for their austerity its economy. very good evening this is r t with me in first egypt security forces have fired tear gas at protesters rally against the muslim brotherhood backed president mohamed morsi in tahrir square thousands took to the streets across the country to reacting to calls for nationwide demos from opposition leaders his car a question is bell true with the latest from egypt's capital tonight. what i really want is the days very heavy police tactics you see a lot to tear gas on protesters throwing rocks down on protesters from the top of buildings we've also seen molotov being thrown back and forth so what i've already seen is quite harsh tactics used by the police to stop protests in tahrir square at the same time we demonstrations at the presidential palace in support of the president and also across the country we've seen president president protesters clashing in from to brother headquarters so there's been quite a lot happening today in egypt feels very divided one is the general strike against
budget with some nations digging their heels in to avoid forking out more cash for their austerity its economy. very good evening this is r t with me in first egypt security forces have fired tear gas at protesters rally against the muslim brotherhood backed president mohamed morsi in tahrir square thousands took to the streets across the country to reacting to calls for nationwide demos from opposition leaders his car a question is bell true with the latest from egypt's capital tonight. what i...
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>> guest: well, my core metaphor in describing the economy and the interaction of economy and society's rain forest. when we go to the rainforest or whether it's the pacific northwest or amazon, you have the sense of life all around you. that's what human society is. a rainforest is a self-regulating environment. when we put regulations and, without government regulation same. that's also part of self-regulation. we create rules for ourselves. that is self-regulation. we regulate each other through competition. the main thing that keeps the rainforest site rent is that you have the canopy which in the u.s. economy be the big firms, ge, gm, wal-mart, all that. then he got the small business. but it's the small and growing permit the things that were small but can challenge the big and it's what happens in the big tree falls over. new trees to read out of it, right out of the old tree. it is a metaphor, but it's real. when we lose something in the economy, it's vital we reconfigure resources and create something new out of it. so do we need control? we need feedback. we need the capabilit
>> guest: well, my core metaphor in describing the economy and the interaction of economy and society's rain forest. when we go to the rainforest or whether it's the pacific northwest or amazon, you have the sense of life all around you. that's what human society is. a rainforest is a self-regulating environment. when we put regulations and, without government regulation same. that's also part of self-regulation. we create rules for ourselves. that is self-regulation. we regulate each...
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in a down economy, very cash centric. if i get paid on friday, that's when i'm going to shop. >> shopping day. >> because i don't have a credit card or i'm adverse to using one. >> you heard that guy from jane's report. he bought 400 bucks and saved 700. that's ginormous. >> is it better to go to the stores or do it online? >> the deals tend to be difference. there's a phenomenon of showrooming. best buy has struggled it. they go and look and shop online. in some cases there's no secret to t. they're revealing them on line. you can search best buy black friday. >> now you make me feel guilty because i've done that. >> they know that. you're going to start to see stores be smaller and smaller footprints. >> my fault, great. >> what areas of retail do you find the best game? >> electronics are very hot. not so much. that buying is usually dictated by when your service plan is up. hard gift. tvs, not a great gift. last generation tablets and ipad touches and readers. the nook for example is on sale at walmart. so is the ipad
in a down economy, very cash centric. if i get paid on friday, that's when i'm going to shop. >> shopping day. >> because i don't have a credit card or i'm adverse to using one. >> you heard that guy from jane's report. he bought 400 bucks and saved 700. that's ginormous. >> is it better to go to the stores or do it online? >> the deals tend to be difference. there's a phenomenon of showrooming. best buy has struggled it. they go and look and shop online. in some...
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americans are out of the work our national debt exceeds the size of the economy and threatens our children's future. as a mother of young children this is a condition stant worry as is the cost of the gas and. and yet today we will pray for those less fortunate and we'll think of servicemembers away from home and give thanks for them and their families. and our hearts will go out to the families still without power after hurricane sandy and wilelook ahead to the holidays and new year and that same service of optimism that brings us together today should inspire us all year round and why here in washington dc republicans reached out to president obama in the hope to help our economy grow and solve the debt that threatens our children's future. >> if a deal is not reached on the fiscal cliff tax cuts will expire on january 1st. back to black friday. unfortunately fights already breaking out. this was the scene in indianapolis a few hours ago. police were called in to break up fights. shoppers waited in line to receive vouchers for plasma tvs and learned that some of the people were selling vou
americans are out of the work our national debt exceeds the size of the economy and threatens our children's future. as a mother of young children this is a condition stant worry as is the cost of the gas and. and yet today we will pray for those less fortunate and we'll think of servicemembers away from home and give thanks for them and their families. and our hearts will go out to the families still without power after hurricane sandy and wilelook ahead to the holidays and new year and that...
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his e-book, "the amazon economy," is out next week. thanks for being with us. >> good to be here. >> sreenivasan: so help us understand, why are these retailers doing this? why is it so important? >> this holiday season we're going to see consumers who are still pretty cautious and as a result of that retailers are just a little bit desperate. these early openings are all about trying to grab the attention of consumers as soon as they can and grab a few of those dollars because overall the holiday season it may be that the shopping pie doesn't grow that much. so these retailers want to grab their own slice as soon as they possibly can. >> sreenivasan: so wal-mart was one of the big stores to do so. they were already opening at midnight. why push it into thanksgiving day itself? >> the competition among the retailers and i think they're inspiring each other to move it earlier and earlier because as people are going to be queuing up perhaps they want to be outside the store that's going to open first. so this cream phenomena is has set i
his e-book, "the amazon economy," is out next week. thanks for being with us. >> good to be here. >> sreenivasan: so help us understand, why are these retailers doing this? why is it so important? >> this holiday season we're going to see consumers who are still pretty cautious and as a result of that retailers are just a little bit desperate. these early openings are all about trying to grab the attention of consumers as soon as they can and grab a few of those...
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there's plenty of ways to make money, even in an obama economy. we have all the information you need to rake it in, even when they say it's not, it's always about money. ♪ >> starting off, oil and energy, hosting money from houston, i sat down for an exclusive one-and-one with the ceo and co-founder of ki in, -- kinder morgan. we focus on the future of the energy business and natural gas. this is what he said. >> we need to have a level playing field. we need to have, in the energy field, for example, we have just tremendous opportunities, particularly in the natural gas area. we got a game changer here. we got a fuel that's cheap, abundant, domestic, plentiful.g we ought to be doing everythingp we canlo to exploit that. melissa: fracking for natural gas?oded >> natural gas in general.e the shale place, which, of course, predicated to fracking, but the opportunities forrtun natural gas, you want to talk about response to climate change and reducing co2 emissions, thio is the golden key to open the door more than most renewables will ever be beca
there's plenty of ways to make money, even in an obama economy. we have all the information you need to rake it in, even when they say it's not, it's always about money. ♪ >> starting off, oil and energy, hosting money from houston, i sat down for an exclusive one-and-one with the ceo and co-founder of ki in, -- kinder morgan. we focus on the future of the energy business and natural gas. this is what he said. >> we need to have a level playing field. we need to have, in the...
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why not what's really happening to the global economy when mike stronger the no holds barred. the global financial headlines tune in to the report. to download the official location so for the language stream quality and enjoy your favorites from matsushita t.v. is not required to watch all its he'd only need a zero mobile device to watch ati any time. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything is all. i'm tom harpur welcome to the big picture. if you. think you can. cross i'm peter lavelle remind you we're talking about gaza after the announcement of a truce. with me for we want to make you were talking about israel and accountability can you elaborate more on that and can you put it in the context of the arab spring because we had a lot more voices from the arab world discussing this unlike before. well i think. to a certain extent israel's political impunity has now begun to be arrested and reversed on account of for example the growi
why not what's really happening to the global economy when mike stronger the no holds barred. the global financial headlines tune in to the report. to download the official location so for the language stream quality and enjoy your favorites from matsushita t.v. is not required to watch all its he'd only need a zero mobile device to watch ati any time. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else and you hear or see some...
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yeah most certainly do if countries had whites to manage their own economies as they see fit then we wouldn't have this awful austerity that we're seeing we would have had these unsustainable booms which happened in southern europe and arland in the earlier part of the century and of course we wouldn't have this enormous bust which is creating massive unemployment if their countries had their own wives to manage their own affairs and set their own legislation to their own interest rates many german economies as they see fit without having to hand over billions each year to brussels as britain does would be generally a lot better off really the opinion we're seeing is reached the limits of its levels of integration there are moves to expand more powers to the e.u. to have more e.u. control over national member states budgets even to have its own sources of income its own e.u. taxes that of course he's pushing it too far it's gone gone too far in the wrong direction which is centralization and it powers will return i think the atmosphere in europe would be a lot better off because davi
yeah most certainly do if countries had whites to manage their own economies as they see fit then we wouldn't have this awful austerity that we're seeing we would have had these unsustainable booms which happened in southern europe and arland in the earlier part of the century and of course we wouldn't have this enormous bust which is creating massive unemployment if their countries had their own wives to manage their own affairs and set their own legislation to their own interest rates many...
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plus shift our focus now to the economy and to a problem that continues to be widespread across the country despite major efforts to overhaul the system and the issue is that people continue to be forced out of their homes now earlier this year a twenty six billion dollars settlement took place and it was supposed to hold big banks accountable for the mortgage crisis and also help struggling homeowners but a new report shows that's not exactly what's happening especially in one of the hardest hit states states in this country california our jails are among the window shows us why this is happening and also the heartbreak that it's causing for some families something i walk in this you see my house for a year so it rick. but there what my own immigrant weeps when she remembers the memories of her former home in los angeles she and her husband owed hundreds of thousands more dollars in loans and the value of their home and were forced to give up their piece of the american dream the bank that held the twenty six billion dollar national mortgage settlement was supposed to help struggling homeo
plus shift our focus now to the economy and to a problem that continues to be widespread across the country despite major efforts to overhaul the system and the issue is that people continue to be forced out of their homes now earlier this year a twenty six billion dollars settlement took place and it was supposed to hold big banks accountable for the mortgage crisis and also help struggling homeowners but a new report shows that's not exactly what's happening especially in one of the hardest...
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find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into a report on. the for. good. luck and you can see. the. welcome across the uk i'm here a little to mind you were talking about gaza after the announcement of a truce. good. to. see. the. movie with me falling into the bank you were talking about of israel and accountability can you elaborate more on that and can you put it in the context of the arab spring because we had a lot more voices from the arab world discussing this unlike before. well. i think . to a certain extent israel's political impunity has now begun to be arrested and reversed on account of for example the growing egyptian role and israeli fears about how its actions in gaza could have had an impact on its on its relations with egypt but i think you know this this kind of reality where israel can regularly and repeatedly have its way. with the gaza strip knock off school kid playing soccer ear and bomb the home of the family there as if you know this is. this is no more unusual t
find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into a report on. the for. good. luck and you can see. the. welcome across the uk i'm here a little to mind you were talking about gaza after the announcement of a truce. good. to. see. the. movie with me falling into the bank you were talking about of israel and accountability can you elaborate more on that and can you put it in the context of the arab...
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Nov 23, 2012
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it is a tough economy. they are trying to get ahead of each other. they want the extra market share. that is why we see shopping creep. it is not black friday anymore now it is black thursday. if the retailers can boost the sales by 1 percent over the holiday season that can make a difference between a good or lousy year. they are trying to lure the shoppers. the deals are not always that much better than online or another time of the year. >>gregg: thank you, rick. a deadly shooting testing the cease-fire between israel and hamas and now a new wrinkle, the latest from the middle east and how turmoil in egypt could shake things up. you think the black friday sales are good deals? think again. oh, let me guess --ou see this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the pr
it is a tough economy. they are trying to get ahead of each other. they want the extra market share. that is why we see shopping creep. it is not black friday anymore now it is black thursday. if the retailers can boost the sales by 1 percent over the holiday season that can make a difference between a good or lousy year. they are trying to lure the shoppers. the deals are not always that much better than online or another time of the year. >>gregg: thank you, rick. a deadly shooting...
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Nov 23, 2012
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the economy is booming. they are encouraging it to do so. they have got the recipe for growth that detroit lost her long ago. [talking over each other] >> they have held back the growth of the city -- dave: there are some cities i could point to where the mayors are not on the up and up but -- a city that had a lot of corruption, why can't he get the message? liz: they only hold back thirty million to hang over the head. we are going to hold back $30 million, i don't think that is enough of a push to get going. dave: if you think black friday is the best day to get deals think again. if you want to save money you should wait it out. find out why after the break. it is your money. dave: stocks are higher. the dow jones industrials are up about 88 points. it is a shortened trading session. market's close at 1:00. an informal session. traders are bringing their kids to the floor and volume is expected to be light but there are stocks making big moves. will get research in motion. they make a blackberry. high hopes for the new blackberry 10. we
the economy is booming. they are encouraging it to do so. they have got the recipe for growth that detroit lost her long ago. [talking over each other] >> they have held back the growth of the city -- dave: there are some cities i could point to where the mayors are not on the up and up but -- a city that had a lot of corruption, why can't he get the message? liz: they only hold back thirty million to hang over the head. we are going to hold back $30 million, i don't think that is enough...
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Nov 23, 2012
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our economy create jobs. it's to move the country forward economically. >> right now our economy is still recovering from a very deep and damaging crisis. our top priority is jobs and growth. >> when it comes to the great economic challenges of the moment, saying you want a balanced approach is not a plan. saying people need to pay their fair share isn't a plan. >> the four years of the obama administration, economic policies, they are clearly anti-business, anti-entrepreneur. they are anti-job creation. >> greta: so what about the next four years? as we stare down the fiscal cliff, are your taxes going up? well, what about those taxes? >> they are going up definitely for higher income americans. if you are in the middle-class, i think it's safe to say that taxes will not go up because politicians on both sides. president, democrats and republicans are not going to allow that to happen. >> greta: unless they put a cap on deductions which is sneaky way they raise war taxes. so tax rates don't change but they g
our economy create jobs. it's to move the country forward economically. >> right now our economy is still recovering from a very deep and damaging crisis. our top priority is jobs and growth. >> when it comes to the great economic challenges of the moment, saying you want a balanced approach is not a plan. saying people need to pay their fair share isn't a plan. >> the four years of the obama administration, economic policies, they are clearly anti-business, anti-entrepreneur....
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Nov 23, 2012
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it's already starting to impact the economy. whether it impacts consumers -- and we'll find out today, by the way, in terms of thanksgiving and what's that meant, whether consumers are coming out or not -- but thoorz the bigger issue that manufacturing has already started to slow down. people are starting to worry. it may end up in the economic numbers already, just the fact that we're having this debate. and then come january 1st, do we go over? what does that mean? is it the fiscal cliff? or does it look like the fiscal bungee cord? that's what some people are calling it. we go over for two weeks and then we snap back and get a deal and what does that deal look like? >> a lot of positive talk following the election. even bill kristol talking about let's feel free to raise taxes if it's part of a bigger deal. a lot of elections don't have consequences, midterm elections. this was supposed to be a status quo election. but something happened here. i think the fever is starting to break. >> absolutely. you're going to see it, i th
it's already starting to impact the economy. whether it impacts consumers -- and we'll find out today, by the way, in terms of thanksgiving and what's that meant, whether consumers are coming out or not -- but thoorz the bigger issue that manufacturing has already started to slow down. people are starting to worry. it may end up in the economic numbers already, just the fact that we're having this debate. and then come january 1st, do we go over? what does that mean? is it the fiscal cliff? or...
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differences of opinion between the major economies. to. the man who never backs away from controversy the kaiser report is next here nutty . oh max times are welcome to the kaiser report. who knows what evil lurks in the heart of the global financial system the shadow knows yes the shadow has the power to cloud men's minds so they cannot see the shadow stacie back sky is there i am looking like a shadow today in honor of the shadow banking system the shadow banking grows to sixty seven trillion dollar industry regulators say the regulators are the financial stability board and they say it's six trillion dollars more than they thought it was only a week or two ago but i have a parallel universe you have the global economy then you have it kind of a death star that circles the globe run by banks there's fraudsters kleptocrats who prey on the poor things with their shadow derivatives and shadow banking system and they commit all manner of fraud is totally unregulated and the shadow banking system as just being is the non shadow banking system
differences of opinion between the major economies. to. the man who never backs away from controversy the kaiser report is next here nutty . oh max times are welcome to the kaiser report. who knows what evil lurks in the heart of the global financial system the shadow knows yes the shadow has the power to cloud men's minds so they cannot see the shadow stacie back sky is there i am looking like a shadow today in honor of the shadow banking system the shadow banking grows to sixty seven trillion...
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Nov 23, 2012
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the crippled greek economy is blamed for a steady rise in suicides there. and 690 attempts through the first eight months of this year, following 927 in all of last year. and greece is headed toward a 6th year of recession, one in five people out of work. norway's worst mad murderer says his prison guards are trying to drive him to suicide. and that's later. and next, egypt's new president makes a power play. [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >> an eye for an eye, taliban style tops world headlines tonight. a suicide bomber detonated a truck full of explosives today in eastern afghanistan. three afghan civilians were killed and mo
the crippled greek economy is blamed for a steady rise in suicides there. and 690 attempts through the first eight months of this year, following 927 in all of last year. and greece is headed toward a 6th year of recession, one in five people out of work. norway's worst mad murderer says his prison guards are trying to drive him to suicide. and that's later. and next, egypt's new president makes a power play. [ male announcer ] introducing... a new way to save on your prescriptions. it's the...
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un and national pressure are already doing everything they can to squash and squelch north korea's economy as it is for south korea has a lot more room to maneuver they're not so internationally isolated as north korea but they're choosing to continue this tension with the north which has been going on since the korean war with the united states and there is nothing good to come of it i don't see why they're making these decisions to continually bear. a group of twenty three doctors have been sentenced to three months in jail. for treating protesters and also for taking part in mass rallies now all of this pardon me follows a report by amnesty international which had condemned the gulf kingdom for quote sliding into a downward spiral of oppression now the medics were among the nearly one hundred arrested last year during an uprising against the monarchy the court has ruled that they could pay fines to help their prison time suspended activists in bahrain have been clashing with the sunni led government forces for nearly two years now to eighty people have been killed and thousands put behi
un and national pressure are already doing everything they can to squash and squelch north korea's economy as it is for south korea has a lot more room to maneuver they're not so internationally isolated as north korea but they're choosing to continue this tension with the north which has been going on since the korean war with the united states and there is nothing good to come of it i don't see why they're making these decisions to continually bear. a group of twenty three doctors have been...
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find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune into kinds a report on r g. g. h.
find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune into kinds a report on r g. g. h.
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and the national pressure are already doing everything they can to squash and north korea's economy as it is for south korea has a lot more room to maneuver as they are not so internationally isolated as north korea by their choosing to continue this tension with the north which has been going on since the korean war with the united states and there is nothing good to come of it i don't see why they are making these decisions to continually poke the bear. russian foreign minister sergei lavrov criticized nato as potential deployment of patriot missile systems at the syria turkey border plans to install the arms were put forward after a request by ankara alliance officials claimed the systems will only serve defensive purposes it comes amid reports of intensified shelling in damascus suburbs by syrian troops attempting to advance some of the held areas the syrian state t.v. journalist was killed in the fighting. having declared its support for the syrian rebels germany's now welcoming those displaced by the ongoing violence in the water own country the country's taken a step partly to e
and the national pressure are already doing everything they can to squash and north korea's economy as it is for south korea has a lot more room to maneuver as they are not so internationally isolated as north korea by their choosing to continue this tension with the north which has been going on since the korean war with the united states and there is nothing good to come of it i don't see why they are making these decisions to continually poke the bear. russian foreign minister sergei lavrov...
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Nov 23, 2012
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britain had the best and most transparent economy on earth. 15 years on, being difficult a stronger than ever. >> in the decades after world war two, hundreds of native american children were taken from their communities and given the families of foster care. they are helping those affected deal with the trauma. >> in the reservations, we were surrounded by water. we did not have power, we did not have sewer, and we lived in a lot of poverty. two station wagons pulled up and put us girls in the station wagon and drove away with us. i do not remember having been in the car before. i was taken into custody and put into a white foster homes. we thought we would survive better. >> the idea was to help them assimilate into the white culture. the indian child love her act was passed in 1978 because there was a recognition that india children were removed from their homes at a much higher rate than other children. even with that being passed, it did not have a lot of power to really change some of the practices. >> i remember the state coming in and taking us, they did not tell us where they we
britain had the best and most transparent economy on earth. 15 years on, being difficult a stronger than ever. >> in the decades after world war two, hundreds of native american children were taken from their communities and given the families of foster care. they are helping those affected deal with the trauma. >> in the reservations, we were surrounded by water. we did not have power, we did not have sewer, and we lived in a lot of poverty. two station wagons pulled up and put us...
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Nov 23, 2012
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were on course for their best gains in two months after manufacturing surveys of the world's biggest economies raised hopes for improving global growth. >>> facebook wants to stop letting users vote on changes to its privacy policies. the social network is concerned about the quantity versus quality of feedback generated by the current setup. the company says users will still be able to weigh in during a seven day comment period. >>> and the u.s. post office is hoping to cash in on the season's bounty of online shopping with same day package delivery. the expedited service will be tested in san francisco next month and if it's successful the program will expand to other big cities like boston, new york and chicago. >>> some incredible sports highlights are straight ahead, plus just 12 short years ago it was billed as the tallest and fastest wooden coaster, but now no more. we're going to tell you why. >>> weekend forecast is definitely talking about the big chill. all those details coming up. you're watching "early today." >>> well, good morning. some other stories making news across america n
were on course for their best gains in two months after manufacturing surveys of the world's biggest economies raised hopes for improving global growth. >>> facebook wants to stop letting users vote on changes to its privacy policies. the social network is concerned about the quantity versus quality of feedback generated by the current setup. the company says users will still be able to weigh in during a seven day comment period. >>> and the u.s. post office is hoping to cash...
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Nov 23, 2012
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caller: i have an idea for straightening out things are going on with the economy and some -- everything else. we have to separate our federal employees -- state, federal, and local -- and our health care workers from the private sector. if we do this, we can concentrate on mortgages for 6% interest for all the federal and -- and some health care workers. in 30 years we would have $24 trillion. 45 million, 54 trillion -- host: where are you getting the numbers from? caller: because, if we take the war that we have now, $104 billion, and we put it into mortgages at 6% interest rate they would come out to 70 -- $17,000 a year. 20 million employees. which means they would be self sufficient for the rest of their lives, which means you would have 166,000 per employee in interest that would cover the employee you got this -- that is working, the employee does is retired, and his benefits. which would cut down the deficit, cut down just about everything you could think of perry taxes in half, property taxes would be cut. you would have a whole new system. guest: there are certainly a whole ran
caller: i have an idea for straightening out things are going on with the economy and some -- everything else. we have to separate our federal employees -- state, federal, and local -- and our health care workers from the private sector. if we do this, we can concentrate on mortgages for 6% interest for all the federal and -- and some health care workers. in 30 years we would have $24 trillion. 45 million, 54 trillion -- host: where are you getting the numbers from? caller: because, if we take...
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economy the i won't i mean that's all j.p. morgan is they have a negative net worth of hundreds of billions of dollars it's all the federal reserve and all the careful about auditing the federal reserve is when they open the vault to say oh as our money they're going to find a printer when they open up for knox the same words or gold are going to find a purchaser over there lloyd blankfein j.p. morgan's last goldman sachs they open up of all this only i was a printer used to be nothing but a printer it's amazing that the company that makes printers hewlett packard's doing so poorly considering the only thing that any of these companies competence was a printer this is amazing the even the printer company is going out of business because of too much printing the h.p. deal you know with autonomy a perfect example even larry ellison or over oracle when the deal is going down said this is a fraud you know it's an eight billion dollars fraud it was signed off by the accounting firm number accounting firm rating agencies investment
economy the i won't i mean that's all j.p. morgan is they have a negative net worth of hundreds of billions of dollars it's all the federal reserve and all the careful about auditing the federal reserve is when they open the vault to say oh as our money they're going to find a printer when they open up for knox the same words or gold are going to find a purchaser over there lloyd blankfein j.p. morgan's last goldman sachs they open up of all this only i was a printer used to be nothing but a...
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Nov 23, 2012
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they will have just a few short weeks to keep the economy out of the ditch. we're going to look into can be done and then a little later, now former congressman jesse jackson jr.'s famous father speaking out about his son's decision to step down. you are watching msnbc, the place for politics. 9 some people put everything into their work, their name on the door and their heart into their community. small business saturday is a day to show our support. a day to shop at stores owned by our friends and neighbors. and do our part for the businesses that do so much for us. on november 24th let's get out and shop small. lawmakers return to work next week they will have only a little more than a month to reach a deal on the so-called fiscal cliff. that combination of tax hikes and spending cuts many economists warn could throw this country back into a recession. the president and top congressional leaders met at the white house and it appeared they made progress. since then talks have hit a bit of a rough patch. joining me from louisville kentucky, for a progress r
they will have just a few short weeks to keep the economy out of the ditch. we're going to look into can be done and then a little later, now former congressman jesse jackson jr.'s famous father speaking out about his son's decision to step down. you are watching msnbc, the place for politics. 9 some people put everything into their work, their name on the door and their heart into their community. small business saturday is a day to show our support. a day to shop at stores owned by our...
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Nov 23, 2012
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the need has increased despite improving economy. >>> our folks just back in 2008 felt the recession first. they'll feel the effects of coming out of it the last. >>> saint anthony's has been providing thanksgiving dinner for 63 years. and a few blocks away at clyde, the reverend williams has been feeding families for 50 years. >> the homeless and the poor and the people that are destitude get their needs meant at least several days of the year. >> they served several meals. reverend williams says it is important to give during the holidays. they need people's time all year. >> that's why the volunteers help. don't come on thanksgiving and christmas but come during the week of every year. >> of course the thanksgiving meals served today at saint anthony's special but in another sense another meal because the lines will be formed here tomorrow as they are every day of the year. in san francisco, ken prichard, ktvu, channel 2 news. >>> and ktvu.com has a list of charities that need your help this holiday season. look under hot topics on our home page. >>> a beautiful thanksgiving acros
the need has increased despite improving economy. >>> our folks just back in 2008 felt the recession first. they'll feel the effects of coming out of it the last. >>> saint anthony's has been providing thanksgiving dinner for 63 years. and a few blocks away at clyde, the reverend williams has been feeding families for 50 years. >> the homeless and the poor and the people that are destitude get their needs meant at least several days of the year. >> they served...